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Meta Platforms, Inc.

META · NASDAQ · Communication Services · Updated 10/21/2026

Revenue

$201.0B

Fiscal 2025

Net income

$60.5B

Fiscal 2025

Free cash flow

$46.1B

Fiscal 2025

Net cash / (debt)

(48.0B)

Fiscal 2025

Five-year financials

Fiscal year20252024202320222021
Revenue$201.0B$164.5B$134.9B$116.6B$117.9B
Net income$60.5B$62.4B$39.1B$23.2B$39.4B
Diluted EPS$23.49$23.86$14.87$8.59$13.77
Operating cash flow$115.8B$91.3B$71.1B$50.5B$57.7B
Free cash flow$46.1B$54.1B$43.8B$19.0B$39.1B
Cash$35.9B$43.9B$41.9B$14.7B$16.6B
Total debt$83.9B$49.1B$37.2B$26.6B$13.9B

Where the cash went

Cumulative, fiscal 2021–2025, straight from the reported cash-flow statements.

Reinvested in capex

47.7%

of operating cash flow

Returned to owners

78.7%

of free cash flow (buybacks + dividends)

Diluted share count

-10.0%

change 2021–2025

Capital expenditure $184.2BBuybacks $148.6BDividends $10.4BAcquisitions (net) $7.3BBar width = share of $386.4B operating cash flow
Operating cash flow$386.4B
Capital expenditure($184.2B)
Free cash flow$202.2B
Share buybacks($148.6B)
Dividends paid($10.4B)
Acquisitions (net)($7.3B)
Net debt issued / (repaid)$51.6B
Stock-based compensation (non-cash)$72.3B

"—" means a year didn't report that line, so no total is shown rather than an estimate.

SEC filings

  • 4 · period 2026-10-122026-10-14EDGAR
  • 1442026-10-13EDGAR
  • 4 · period 2026-10-052026-10-07EDGAR

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